AbstractSimultaneously attaining high strength and toughness has been a significant challenge in designing thermoplastic elastomers, especially biodegradable ones. In this context, we present a class of biodegradable elastomers based on multiblock copolyesters that afford extraordinary strength, toughness, and low‐strain resilience despite expedient chemical synthesis and sample processing. With the incorporation of the semi‐crystalline soft block and the judicious selection of block periodicity, the thermoplastic materials feature low quiescent crystallinity (“reserve”) albeit with vast potential for strain‐induced crystallization (“release”), resulting in their significantly enhanced ultimate strength and energy‐dissipating capabilities. Moreover, a breadth of mechanical responses of the materials – from reinforced elastomers to shape‐memory materials to toughened thermoplastics – can be achieved by orthogonal variation of segment lengths and ratios. This work and the “reserve‐release” crystallization strategy herein highlight the double crystalline multiblock chain architecture as a potential avenue towards reconciling the strength‐toughness trade‐off in thermoplastic elastomers and can possibly be extended to other biodegradable building blocks to deliver functional materials with diverse mechanical performances.