On November 5, 2009 Rosewood Guitar suffered significant building damage from one of the Greenwood area arsons. All of the inventory was undamaged but building repairs totaled approximately $100,000 and took nearly 5 months. A building next to the main store, used for guitar lessons had to be demolished because of fire and smoke damage.
Established in 1975, Rosewood Guitar is a retail store specializing in classical and flamenco guitars. The store sells student through professional guitars, recordings, music and accessories. Rosewood Guitar has 8 guitar instructors offering lessons to students of all ages.
There has been much support from the local business district and the Greenwood neighborhood in wake of the Greenwood arsons. Cobblestone Used Furniture has allowed Rosewood Guitar instructors to use space in their building at no charge so that they could continue lessons. The Greenwood Fire Relief Fund also donated money raised from the local community to help with restoration expenses.