The work is devoted to the phenomenological derivation of the multivelocity multifluid model to describe dynamics of the multiphase medium with hyperelastic phase behavior using the Coleman-Noll procedure. The proposed model can be considered as a generalization of the Baer and Nunziato type multiphase models with isotropic stress tensor. The paper presents the well-known particular cases to which the obtained multiphase model can be reduced. The resulting model is completely non-equilibrium, and the joint deformation of the phases is described by a single scalar parameter, which is the volume fraction of the phases.