The lab itself will stay there. Only one experiment is being shut down (D0 at the tevatron. Granted when people think Fermilab, they think tevatron, but there are other experiments located there). They have future plans for a new accelerator located at the tevatron location.
I assume that most of the technology will have to be scrapped, and the only thing that would be reused would be the tunnels.
I assume that most of the technology will have to be scrapped, and the only thing that would be reused would be the tunnels.
http://projectx.fnal.gov/index.shtml