Construction is scheduled to start this month on a $3.75 million, two-story home for the Stanford Daily in the middle of campus. The 5,400-square-foot building will be located alongside Panama Mall and Old Union, according to a report in the Stanford Daily today. It will be called “The Lorry Lokey Stanford Daily Building” in honor of the founder of Business Wire who was editor of the Daily in 1949. Lokey (pictured) has funded journalism grants and scholarships at Stanford.