According to one embodiment of the present invention, a method and system for VLSI hardware design and synthesis is provided in which components provided by a heterogeneous modeling framework are interconnected, based on design specifications of a VLSI, to create a corresponding behavioral VLSI model. The heterogeneous modeling framework contains a first component library including logic functions that can be used to build hardware structural models and a second component library including numeric standard. The created model is simulated, tested, and functionally verified using discrete event domain simulation capabilities provided by the heterogeneous framework. A corresponding structural model is extracted from the tested behavioral VLSI model using a software tool provided by the heterogeneous modeling framework.