To use a "cutoff wall" as blt and cvg suggest, you will need a monolithic bottom and walls; a vertical wall around the sides alone will not keep groundwater out.
Forget the test pit, if you know where GW elev is, that will be the constant WS elevation in the basin; unless you have an underdrain and/or outlet. I agreee with Sam74, do Darcy analysis to get inflow rate, then size the outlet/u-drain for that.
Realize that, should a u-drain alone not suffice, you will have a hard time detaining smaller storms, because your outlet orifice will likely be too big. I would just count the GW elev as the 0 storage volume, and put your first outlet control orifice at that elevation. That way you will have a pond, though, so check with the reviewer first to verify this is acceptable.