I assume digitization means shifting it to cloud storage? i.e. nearly all of the content will be preserved?
If so, then this story kinda sucks because any endeavor of this kind will generate some losses of rare material (as would physically moving the CDs to a new building, FWIW), but nearly everything will be preserved. There's nothing special about the CDs themselves.
The 78s, scores & manuscripts situation seems much more potentially alarming.
Guy