Design controls at run-time without DesignSurface?

I am looking for a way to allow application users to design the controls on a given form at run-time. I have researched the use of the DesignSurface class, but wish to give the ability to design "in place".
 


For instance, if I have a ToolStripContainer on my form with controls on the ContentPanel area, I would like to allow the controls to be designed directly in the ContentPanel.
 

I have already attempted to declare ControlDesigner instances and calling the Initialize method, passing in the control I would like the designer to handle.  To much avail, I receive "object reference not set to an instance..." errors as soon as I mouse-over the control.
Example:


ControlDesigner controlDesigner;
foreach(Control control in toolStripContainer.ContentPanel.Controls)
{

controlDesigner = new ControlDesigner();
controlDesigner.Initialize(control);
}




 

 




 Anyone know how I could get this to work 
 Thanks.