With small VFD's there are a couple considerations. First one is...are all motors going to run the same speed? If so, you may want to reconsider using a bunch of small VFD's. You can use separate external disconnects/overload relays (manual motor starters) fed from the VFD and just use one or a few larger VFD's running in V/Hz mode. And this version will definitely go into a panel.
Second consideration is how far the motors are from the VFD's. If it's over 100 feet, you will need dv/dt filters. Those take up quite a bit of space.
Third consideration is lockout/tagout, whether or not you need secondary disconnect(s) and/or individual motor lockout as opposed to locking out a whole bunch.
Final consideration is short circuit protection of the VFD. Most VFD's have very low short circuit capability. Realistically if the transformer kVA is more than about 10 times the VFD kVA you need fast fuses to protect the VFD. At 1 HP, that means pretty much any transformer bigger than 10 kVA and you said you have 36 motors so this is an issue to solve.
That being said, I'd throw a couple suggestions out there. First consideration is to consider going with fused disconnects with longer lengths. Stick your VFD's in there and field mount them. This eliminates any need for filters (issue 2) and provides local disconnects (issue 3) and fusing (issue 4). This makes it a "combination VFD".
Second is with the MCC...disagree with using MCC on small drives. The only thing it does for you is prebuilt power distribution and lockout/tagout. Other than that it's a very expensive fuse panel or MDP. Working inside buckets for wiring is a pain in the rear even if you remove them compared to working on an open panel on a table before inserting into the enclosure. It is certainly not going to be cheaper than the combination VFD concept and it is going to be very hard to beat the cost of a relatively efficient panel shop.
The traditional route is definitely the panel though, if none of the 4 issues I pointed out don't push you into another direction. But the form factor of the control panel definitely leaves something to be desired when it comes to especially LOTO. If you can solve that easily (common lockout point, lock out the door on distribution rather than individual devices) and you don't need secondary disconnects then an industrial control panel is the traditional, smallest, and cheapest way to go.