It's kind of terrible if you just read the title and take the news at face value/what you want to believe based on what the title says. Actually read what is being said in more detail. Nothing is being lost, this is only the next required step in continuing through to the evolution of the attraction that Kermit Weeks wants to see built. It can't continue operating as it has been and reach the goals that Weeks has for "FOF" (with limited time to see his dream come to life).
The current hangars at FOF were only ever designed to be restoration facilities, not the home to the attraction itself - it was never intended to be the way it currently is setup. With the moves that will be taking place, these hangars will become what they were intended for. The current word on the street is that more people will be hired for restoring the aircraft in the collection, and more of the aircraft currently in storage will move into an active restoration phase, so we will start to see some of the long-term projects finally receiving attention. Also, work will begin on the new facilities and individual attractions for the future "FOF". Later this year, the doors will be open to the public once again, but it won't be for an "attraction experience" at that time, rather it will allow people like us, who just want to see the planes and are interested in the history of the aircraft, to take a visit (it says the admission fee will also be lower).
Although I've never heard everything Kermit Weeks has planned for "FOF" in one conversation, I have heard bits and pieces over time. For instance, just one aspect that he would like to see at his attraction is a recreation of a 1930's west-coast style Clipper flying boat base, in all of its glory. The Sunderland and all of the other seaplanes in his collection actively operating from the art-deco flying boat base. Weeks has projects currently under restoration all over the world, which are continuing to make progress towards flying - such as a very historic Corsair currently in Australia, a Tempest in England, and here in the U.S., a Fokker D.VII, Boeing 100 (should be flying this year), Boeing F4B, Boeing P-12, Douglas A-26 (which I'll get to see in person in a couple months), Seversky P-35, Sikorsky S-38, etc.
With all of this taking place, I would love to see Kermit Weeks out at some more air shows this season with his aircraft.