A drainage area of that size will produce flooding that is significant for a residential subdivision. You need to produce a model that tells you the flood elevation along the entire length of your subdivision alongside or affected by the stream. A detention basin-type calculation will not be adequate because it won't take into consideration velocity or the bottom profile. You will need to plat the 100-year flood zone on the affected lots, and it is advisable to add a few feet to your answer, particularly if it does not affect your lots (e.g. if there is a bluff or a 50' stream bank buffer requirement).
I have used both SCS method and regression equation method for determining flows; it depends on the basin size. You're not trying to create a FIRM, you're trying to set a flood elevation (or a finished floor elevation) that is going to keep water out of the houses and prevent you being sued or losing your license. Use FEMA methods as a minimum, and be as conservative as your judgement tells you to be. I used SCS where I was sure of my land use, soil types and TR-55 times of concentration. I had recent aerial photos, a county-wide soil map and contours accurate to 5'. I used regression equations when I had a basin that was of the order of square miles, across a state boundary and where topo maps were my only source of contours for basin delimiting and slope estimation.
I have done this exercise several times over the past year and I recommend HEC-RAS. You will need to be very careful with the road; the culvert calculations are tricky in HEC-RAS and you need to read the Hydraulic Reference Manual (or the help!) to make sure you are assuming the right variables for the right calculation method. Make sure you check the "pressure flow" option if the road is being overtopped, which it almost certainly is.
HEC-RAS needs a few extra downstream cross-sections to allow the assumed downstream water depth to settle to the "true" value. (For instance, if you assumed normal depth, but the velocity is low, then the "true" depth will be deeper; HEC-RAS requires a few extra downstream cross-sections to settle the water elevation calculation.) If the road is your downstream limit, you might consider including a few cross-sections downstream of the road. The water surface elevation upstream is controlled by the road/culvert hydraulics only, but HEC-RAS will need at least one downstream cross-section, so you may as well give it a few more. It's much easier to plan for more cross-sections now than to add them later when you've set your stationing, etc. (Adding extra cross-sections within your modeled area is easy thanks to the interpolation feature.)
My final bit of advice is this: do not show the flood zone beyond your property boundary. You may set an elevation (or series of elevations), but don't show the area on the opposite side of the creek unless the land belongs to the same developer. Make sure your subdivision won't increase the flood level (local storm water runoff rate may increase, but will be gone before the flood peak arrives); i.e. don't fill in the flood plain, but don't set the flood plain for any property but your client's.