SharePoint: Create custom field in SharePoint 2010

Scenario: Create a custom choice field which will have all the calendars of the current website as its field values.
Create an empty SharePoint 2010 project and deploy it as a farm solution. Add SharePoint mapped folder i.e, CONTROLTEMPLATES folder. Following is the solution structure:
Add the user control, delete the code behind files and insert the following markup in the ascx file.
<%@ Assembly Name="$SharePoint.Project.AssemblyFullName$" %>
<%@ Assembly Name="Microsoft.Web.CommandUI, Version=14.0.0.0, Culture=neutral, PublicKeyToken=71e9bce111e9429c" %>
<%@ Register Tagprefix="SharePoint" Namespace="Microsoft.SharePoint.WebControls" Assembly="Microsoft.SharePoint, Version=14.0.0.0, Culture=neutral, PublicKeyToken=71e9bce111e9429c" %>
<%@ Register Tagprefix="Utilities" Namespace="Microsoft.SharePoint.Utilities" Assembly="Microsoft.SharePoint, Version=14.0.0.0, Culture=neutral, PublicKeyToken=71e9bce111e9429c" %>
<%@ Register Tagprefix="asp" Namespace="System.Web.UI" Assembly="System.Web.Extensions, Version=3.5.0.0, Culture=neutral, PublicKeyToken=31bf3856ad364e35" %>
<%@ Import Namespace="Microsoft.SharePoint" %>
<%@ Register Tagprefix="WebPartPages" Namespace="Microsoft.SharePoint.WebPartPages" Assembly="Microsoft.SharePoint, Version=14.0.0.0, Culture=neutral, PublicKeyToken=71e9bce111e9429c" %>
<SharePoint:RenderingTemplate ID="DropDownRenderingTemplate" runat="server">
<Template>
<asp:DropDownList ID="calendarDropDown" runat="server"></asp:DropDownList>
</Template>
</SharePoint:RenderingTemplate>

Create a Fields folder and add two class files inside it as shown in the screenshot.
Use the following code in CalendarChoiceField.cs file:

namespace NY.CalendarChoice.Fields
{
    class CalendarChoiceField : SPFieldChoice
    {
        #region Constructors
        public CalendarChoiceField(SPFieldCollection fields, string fieldName) : base(fields, fieldName) { }

        public CalendarChoiceField(SPFieldCollection fields, string typeName, string displayName) : base(fields, typeName, displayName) { }
        #endregion

        #region Properties
        public override BaseFieldControl FieldRenderingControl
        {
            get
            {
                BaseFieldControl fieldControl = new CalendarChoiceFieldControl();
                fieldControl.FieldName = InternalName;
                return fieldControl;
            }
        }
        #endregion
    }
}

Use the following code in CalendarChoiceFieldControl.cs file

namespace NY.CalendarChoice.Fields
{
    class CalendarChoiceFieldControl : BaseFieldControl
    {
        DropDownList calendarDropDown;

        protected override string DefaultTemplateName
        {
            get
            {
                return "DropDownRenderingTemplate";
            }
        }
        protected override void CreateChildControls()
        {
            base.CreateChildControls();
            calendarDropDown = (DropDownList)TemplateContainer.FindControl("calendarDropDown");
            if (ControlMode == SPControlMode.New || ControlMode == SPControlMode.Edit)
            {
                SPWeb currentWeb = SPContext.Current.Web;
                SPListCollection lists = currentWeb.Lists;
                foreach (SPList list in lists)
                {
                    if (list.BaseTemplate == SPListTemplateType.Events)
                    {
                        calendarDropDown.Items.Add(list.Title);
                    }
                }
            }
        }
        public override object Value
        {
            get
            {
                EnsureChildControls();
                return calendarDropDown.SelectedValue;
            }
            set
            {
                this.EnsureChildControls();
                calendarDropDown.SelectedValue = (string)ItemFieldValue;
            }
        }
    }
}

Deploy the solution. Create few calendar lists in your website. Use the field in your lists.