I have wondered the same myself , the size of a 2011 grip could be reduced by using a magazine that was designed for a 9mm pistol or a .40 pistol. New trigger would also be needed to match the width.
Years ago there was a smith out in I think Ca. that modified a single stack 1911 to use Smith M39 mags.
Just a matter of time and money , no idea if it would pay for itself.