Well, a 500W incandescent lamp is about 10,000 lumens.
No such thing as 10,000 lumen screw-in CFL in common market. You think you can go with 14 x 4x F54T5/HO conversion? F54T5/HOs are 5,000 lumens.
Another option is 14 x 6 lamp (or 28 x 3 lamp) x F32T8/RE80/HE on 1.2 BF ballast. GE makes 6 lamp @ 1.18 (21,240 mean lumens using premium RE80 lamps) using 221W or ~95 system lumens per watt. 3100W for 14 x 6 setup vs 14,000W for current setup.
It will be costlier, but you'll have 78% reduction in energy use with no reduction in output. You'll never get this much gain with a spiral screw in CFL anyways.
Given the longer length of fixtures, I think you can get away with one creative placement using half as many. It's cheaper to go with 14 fixtures than 28.