The condensation of a mixture of dimethyl carbonate and phthalate derivatives with 1,4‐butanediol (BD), catalyzed by sodium alkoxide, generated high‐molecular weight poly(1,4‐butylene carbonate‐co‐aromatic ester)s with molecular weights (Mn) of 50–120 kDa. The subsequent addition of polyols [BD, glycerol propoxylate, 1,1,1‐tris(hydroxymethyl)ethane, or pentaerythritol] chopped these high‐molecular weight polymers to afford macrodiols or macropolyols with facile control of their molecular weights (Mn, 2000–3000 Da) and unique chain topological compositions. Macropolyols prepared by chopping poly(1,4‐butylene carbonate‐co‐terephthalate) were waxy in nature, whereas those containing isophthalate and phthalate units were oily. The macropolyols synthesized by this chopping method may have potential applications in the polyurethane industry. © 2016 Wiley Periodicals, Inc. J. Appl. Polym. Sci. 2016, 133, 43754.