• Our Team

Paul Hyde

Paul co-founded Hyde Development in 2012 with his father, Mac, to redevelop brownfield sites into new, sustainable, and quality buildings. Prior to launching Hyde Development, Paul co-founded Real Estate Recycling in 1995 to develop contaminated property in MN and WI.

Paul is responsible for leading the company’s current development projects and acquisitions.

Mac Hyde

Mac passed away in March 2013. His intelligent, entrepreneurial spirit continues to inspire. He co-founded Hyde Development in 2012 with his son, Paul.

Prior to launching Hyde Development, Mac co-founded Real Estate Recycling in 1995 to develop contaminated property. Mac had 50 years of experience in the environmental law field.

Mike Wardwell

Mike is a property manager and development associate for Hyde Development’s Northern Stacks and 76 Commerce Center projects. Mike assists with all aspects of the site including environmental cleanup, construction, financing, leasing, and property management. Mike received his BA from St. Olaf College and his JD from the University of St. Thomas.

Cally Samson

Cally is a property manager and development associate for Hyde Development’s Twin Cities, MN and Fargo, ND projects. Cally assists with all aspects of the sites including construction, financing, leasing, and property management. Cally received her BS from the University of St. Thomas.

Stacy Vasend

Stacy is in charge of all day-to-day accounting processes including invoicing, budgeting, and financial projections. In addition to her accounting expertise, Stacy also brings experience in the mortgage, insurance, and compliance industries.

  • Awards

Northern Stacks VI

  • 2019 NAIOP Award of Excellence

Northern Stacks I

  • 2015 NAIOP Award of Excellence
  • 2015 Best in Real Estate Award
  • 2015 ReScape Award
  • 2015 Finance & Commerce Top Project

Twin Lakes IV

  • 2014 NAIOP Award of Excellence
  • 2013 ReScape Award Finalist for Environmental Impact
  • 2013 ReScape Award Finalist for Economic Impact
  • 2012 Best in Real Estate Award

Former BAE Building

  • 2016 NAIOP Award of Excellence
  • 2016 ReScape Award Finalist for Economic Impact
  • 2014 Best in Real Estate Award

Mac Hyde Award

Minnesota Brownfields has established the Mac Hyde Award, presented annually at the ReScape Award Event to an individual who demonstrates:

High ethical standards
•
Commitment to serving the community and the environment
•
Excellence in brownfields redevelopment
•
A genuine interest in helping/mentoring others in the field

Real Estate Recycling

In 1995, prior to launching Hyde Development, Paul Hyde and Mac Hyde co-founded Real Estate Recycling (RER) to redevelop contaminated property. While with RER, Paul lead projects that won the following awards.

Lake Street Office Center

  • 2008 Best in Real Estate Award

Highway 7 Corporate Center

  • 2007 NAIOP Award of Excellence
  • 2007 Best in Real Estate Award

Minneapolis Business Center

  • 2006 NAIOP Award of Excellence
  • 2006 Best in Real Estate Award
  • 2006 EDAM Best Redevelopment Award

Twin Lakes III

  • 2004 NAIOP Award of Excellence
  • 2004 Best in Real Estate Award

Edgewood Business Center

  • 2004 NAIOP Award of Excellence
  • 2004 Best in Real Estate Award
  • 2004 EDAM President’s Award

Twin Lakes II

  • 2002 NAIOP Award of Excellence

Twin Lakes I

  • 2001 NAIOP Award of Excellence