Both the advantages of phased array radar imaging and the multiple input multiple output (MIMO) radar imaging being taken into consideration, a multi-target high-resolution imaging method based on hybrid MIMO phased array technology is proposed. In the method, the transmit array (TA) is used to replace the transmit antenna in the traditional MIMO radar, and the TA works in the hybrid MIMO phased array mode. Each TA is divided into multiple sub-arrays (SA) according to the number andthe direction of targets. The internal element in each SA works in the phased array mode to form a transmission beam into pointing to a target in a certain direction, while each SA transmits mutually orthogonal waveforms, workingafter MIMO mode. Beam-forming of the echo signal of each SA can obtain higher signal-to-noise ratio (SNR) and signal-to-interference ratio (SIR). On this basis, a single shot high-resolution imaging method and a multiple shot high-resolution imaging method are proposed respectively in combination with the dictionary optimization, the orthogonal matching pursuit and the parametric sparse representation. The simulation results show that the proposed method can achieve better imaging performance and real-time imaging.