Piccolo/Flute Octave Condensing in Same Staff

I’m surprised to see that this topic hasn’t come up in a search. Is there a way to condense a piccolo and flute (separate solo players) on the same staff, but have it so the piccolo is not at its “proper” octave, but instead doubling the flute’s octave for condensing purposes? This is fairly common in band scores where vertical space is at a premium, and lots of ledger lines can be a quick recipe for disaster if not handled carefully.

This same principle could be applied to cello/bass condensing in the other direction, as well.

Not currently possible.

Is it possible to-
Notate the Piccolo as, let’s say, a 2nd Flute player. Then, in the second Flute part layout, name the part Piccolo and apply a transposition override. ???

Probably, but that’s certainly a long workaround that may be more trouble than it’s worth.