OAKLAND (KCBS) — The cities of San Jose and Oakland could be in the running to become the home of Amazon’s second headquarters.

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Amazon founder and CEO Jeff Bezos said the new headquarters will be built somewhere in North America, and that it will be a “full equal” to its Seattle counterpart, with as many as 50,000 jobs.

Oakland Mayor Libby Schaaf has issued a statement saying the city is excited to explore the Amazon HQ2 project, and the benefits it could bring to the community.

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“Oakland always seeks to attract jobs and prosperity to our great city,” Schaaf said. “At an estimated 50,000 employees, the project would have a profound impact on Bay Area residents, and in the midst of a statewide housing affordability crisis, we would need to address all outcomes a project of this magnitude would create.”

Meanwhile, officials in San Jose said some of the requirements Amazon is looking for are a direct fit for their city.

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The company said it would spend over $5 billion on whatever site it winds up choosing.