PANAZTEPE is situated in the vicinity of the Gediz (Hermos) river, to the north of the Gulf of Izmir. The site is located 13km's west of Menemen. The excavations have been continuing at the site since 1985 under the direction of Prof. Dr. Armagan Erkanal (Hacettepe University). Panaztepe was continuously inhabited from the 3rd Millennium B.C. to 5th century A.D. The earliest habitation levels have not yet been reached.

Excavations at the harbour town yielded a stratigraphic sequence that covers the time period between the Early Bronze Age and Late Bronze Age. Large structures of Middle Bronze Age and Late Bronze Age have been investigated in this area during the previous excavation seasons. A megaron type structure (Left) which is excavated in 1997, seems to have been continuously inhabited from the end of the Early Bronze Age, into the Middle Bronze Age.