As 6G networks evolve, the upper mid-band spectrum (7 GHz to 24 GHz), or frequency range 3 (FR3), is emerging as a promising balance between the coverage offered by sub-6 GHz bands and the high-capacity of millimeter wave (mmWave) frequencies. This paper explores the structure of FR3 hybrid MIMO systems and proposes two architectural classes: Frequency Integrated (FI) and Frequency Partitioned (FP). FI architectures enhance spectral efficiency by exploiting multiple sub-bands parallelism, while FP architectures dynamically allocate sub-band access according to specific application requirements. Additionally, two approaches, fully digital (FD) and hybrid analog-digital (HAD), are considered, comparing shared (SRF) versus dedicated RF (DRF) chain configurations. Herein signal processing solutions are investigated, particularly for an uplink multi-user scenario with power control optimization. Results demonstrate that SRF and DRF architectures achieve comparable spectral efficiency; however, SRF structures consume nearly half the power of DRF in the considered setup. While FD architectures provide higher spectral efficiency, they do so at the cost of increased power consumption compared to HAD. Additionally, FI architectures show slightly greater power consumption compared to FP; however, they provide a significant benefit in spectral efficiency (over 4 x), emphasizing an important trade-off in FR3 engineering.