UPDATED: January 18, 2018  11:01 PM

DALLAS (1080 KRLD/CBSDFW.COM) – Amazon has narrowed it’s list of cities for its second U.S. headquarters to 20, including two cities in Texas.

On Thursday, Amazon cut their list of possible sites from 238 to 20, and the Dallas metro area, as well as Austin, are on the list of possible locations for Amazon’s ‘HQ Two.’

According to Amazon, they expect to invest over $5 billion in construction for their second North American headquarters. The new headquarters will also bring in at least 50,000 jobs.

Dallas Regional Chamber of Commerce Vice President of Economic Development Sarah Carrabias-Rush is part of the team which put together proposals from across North Texas.

“We are inspired and thrilled by the opportunity of bringing this kind of transformational project to our region because we think it brings a lot of opportunity” said Carrabias-Rush. “We are excited to be in the chase.”

Amazon says the Dallas metro area is in the running for the headquarters, but since all the North Texas proposals were submitted as a bundle, there’s no way yet to know which cities in the region Amazon is considering.

After the announcement the Dallas Regional Chamber and Fort Worth Chamber released a joint statement that said, in part –

“In collaboration with regional economic development partners, the Dallas Regional Chamber and the Fort Worth Chamber worked closely throughout to collect, organize and deliver the regional-level data and information that was requested by Amazon.”

Mike Rosa, with the Dallas Regional Chamber, said, “The DFW Region’s unified submittal was diligent, thoughtful and comprehensive in responding to the specific questions outlined in the Amazon RFP and gave us a chance to showcase the many reasons DFW has been such a strong and growing business community over the past eight years.”

Brandom Gengelbach, with the Fort Worth Chamber, said,“One of the most compelling aspects of our proposal was the diversity of options we offer as a regional hub of economic development.”

Texas Gov. Greg Abbott made a statement on Dallas and Austin being named finalists.

“Texas is the land of opportunity, and I am thrilled to see that Amazon has included both Austin and Dallas as finalists for its forthcoming HQ2. Texas is a hotbed for the tech industry, and both Austin and Dallas have proven themselves to be among the most sought after locations for companies looking to grow and thrive. When industry leaders like Amazon consider investing in the Lone Star State, they know that our our low-tax and limited-regulation environment will appeal to a company’s bottom line. Texas has also repeatedly been recognized as having one of the best – if not the best – workforces in America. I am confident that the economic advantages of an Amazon expansion in Texas speak for themselves, and make either Austin or Dallas an ideal fit for Amazon’s HQ2.”

Amazon says it wants its second headquarters to be in a low-tax climate with arts and culture, easy access to public transportation and bike paths, and a strong workforce.

Other cities that made the cut include: Atlanta; Boston; Chicago; Columbus; Denver; Indianapolis; Los Angeles; Miami; Montgomergy County, Maryland; Nashville; Newark, NJ; New York City; Northern Virginia; Philadelphia; Pittsburgh; Raleigh, NC; Toronto; and Washington, D.C.

The company will make a decision later this year.