I have published holding page - How do I create the real site in the background?

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Hi all, 

I'm launching in the late summer/early autumn and have put up a basic one page home page with info about what we are doing. I now want to start working on what will be the real site and I imagined I would create a separate site in the background to replace the old page at Launch..

Can I do this without paying for a new account, if so how?