Joan Alfond, center, and Bill Alfond, right, cut the ribbon Wednesday at the Bill & Joan Alfond Main Street Commons public opening in Waterville.

Joan Alfond, center, and Bill Alfond, right, cut the ribbon at the Bill & Joan Alfond Main Street Commons public opening in Waterville on Thursday.

David Greene, president of Colby College, greets people at the Bill & Joan Alfond Main Street Commons public opening in Waterville on Thursday.

Samantha Burdick relaxes in one of the student lounges at the Bill & Joan Alfond Main Street Commons public opening in Waterville on Thursday.

Hannah Springhorn, a senior at Colby College and the third student to move in to the Bill & Joan Alfond Main Street Commons in Waterville, opens her studio apartment to the public during tours on Thursday.

Stacey Rice shows off her faculty apartment where she and her husband, Kevin Rice, a chemistry professor at Colby College, live to a group touring the Bill & Joan Alfond Main Street Commons in Waterville on Thursday.

Bill Alfond speaks to a crowd on Appleton Street at the Bill & Joan Alfond Main Street Commons public opening in Waterville on Thursday.

Justin Alfond hugs his father, Bill Alfond, following the dedication of the Bill & Joan Alfond Main Street Commons public opening in Waterville on Thursday.

Bill Alfond, center, speaks with Laurie Lachance, left, president of Thomas College at the Bill & Joan Alfond Main Street Commons public opening in Waterville on Thursday.