"I always dreamed of trying to find a way to connect my college and my community," said Trustee and Waterville native Bill Alfond. "This building is a bridge that will continue to close the gap."
Alfond and his wife Joan helped spark the project through a leadership gift. The building is a small part of a large Waterville revitalization plan.
"This building, we hope, will be another catalyst for extraordinary development here in Waterville," said Colby College President David A. Greene.
Students who live in the building are required to participate in civic engagement activities, which will help connect the college to the downtown area.
Alfond Commons has 52 student apartments and eight faculty apartments. The 100,000-square-foot facility will use it's ground level as a community forum for the city.