Just remember that OSPF areas are assigned by interface, and OSPF areas, like 7 and 107 that you show, cannot directly exchange routes. The separate VLANs will use separate SVI interfaces, and each interface can be in a different OSPF area. You could have the layer-3 switch be in both areas without any problem.
You can also have separate OSPF processes if you want, but that seems unnecessary since you have different area numbers. Separate OSPF processes will allow you to have the same area number without mixing the two separate areas.